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Meesho expects stronger Q3 growth due to change in festive sale timelineThe first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers incr...
Hyundai Motor India Q2 profit falls 24% despite record salesHyundai Motor India’s Q2 FY27 net profit fell 24% to Rs 1,196.2 crore as commodity costs pressured margins. Revenue rose 19% to Rs 20,696.1...
87% of India CEOs confident of growth despite cyber, geopolitical risks: KPMGNearly 87% of Indian CEOs are confident about their companies' growth prospects in the next three years. They are increasing investments in...
Hyundai Motor India's Q2 profit falls 24% as commodity costs blunt tax-cut boost to demandHyundai Motor India reported a profit drop of 24% in the second quarter due to increased raw material costs. Rising commodity prices for ma...
Banks worry more about geopolitics than borrowing costs, survey showsGeopolitical risks and supply-chain disruptions are major barriers to private sector capital expenditure growth. A survey indicates that ba...
US Market: Treasury yields face pressure despite expected Fed rate pauseUS Treasury yields face continued pressure from persistent inflation, rising government borrowing and uncertainty over AI investments, desp...
BNP Paribas Q3 profit rises 14% to beat estimates; announces €1.3 billion buybackBNP Paribas reported a 14% year-on-year rise in third-quarter net income to €3.46 billion, beating analyst estimates as record equity tradi...
Global Market: Japan bond yields rise as investors eye BOJ policy meetingJapanese government bond yields rise as an AI-led equity rebound weakens safe-haven demand. Investors await the BOJ’s policy decision and g...
L&T flags inflation, geopolitical risks, leans on its capabilities to navigate global uncertaintyLarsen & Toubro reported a 33% profit increase for the second quarter, driven by strong order inflows. Infrastructure spending and reconstr...
Parliaments could be bridges of understanding, ease international tensions: Om BirlaOm Birla highlighted the importance of parliaments in fostering understanding and easing tensions during global challenges. He spoke at the...
Global Market: European shares fall as HSBC earnings drag banking stocksEuropean shares fell as HSBC's disappointing revenue weighed on banking stocks, while political unrest in France dampened investor sentimen...
RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe Reserve Bank of India is anticipated to raise the repo rate to 6.25% by mid-2027. This increase is driven by persistent inflationary pr...
Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
ECB Meeting: Five key questions on rates, inflation and Lagarde's exitThe European Central Bank is widely expected to hold interest rates at 2.5% amid elevated energy prices, eurozone inflation and France’s fi...
Global Market: China stocks slip as tech shares fall ahead of central bank meetingsChinese stocks declined as technology shares weakened and investors adopted a cautious stance ahead of major central bank meetings and corp...
Indian realty sector sees 69% fall in deal value to USD 705 mn in Jul-Sep: Grant Thornton BharatIndian real estate recorded USD 705 million in deals in the July-September quarter. This marks a significant 69 percent decrease from the p...
Global Market: European stocks edge lower as Kering slumps, oil prices riseEuropean shares slipped as Kering plunged 10.4% following weak Gucci sales, while rising oil prices and French political uncertainty dampen...
Nasdaq CEO flags IPO slowdown amid market volatilityThe IPO market is grappling with hurdles stemming from macroeconomic instability and fluctuating market conditions that are influencing cor...
Global Market: Japanese bond yields fall to multiweek lows ahead of BOJ meetingJapanese government bond yields fell to multiweek lows on Thursday as geopolitical tensions and inflation concerns boosted safe-haven deman...
Global Market: European shares struggle for direction as France unrest weighs on sentimentEuropean shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some opti...